Author`s name Pravda.Ru

Dollar Rate To Fluctuate Within New Range In Near Future

A rise in the dollar exchange rate may continue on the Russian currency market due to excessive ruble resources on the interbank market - traders are spending these resources on purchasing currency, an analyst noted in an interview with RBC. He noted that the Central Bank and Finance Ministry decided that the dollar exchange rate should be higher than it was a week and a half ago. In view of this, at the beginning of October the Central Bank may continue its policies that it used many times before at morning trading - the dollar rate will go up 0.08-0.1 rubles and then stabilize at a level of 29.5-29.58 rubles for a long time.